CAC 40

Today's data summary

Market closed
% change
As of 22:00 30 Jun 2022

Latest updates

  1. FTSE tumbles 8.2% on opening rout

    woman LSE

    The FTSE-100 index opened at 6462.55. and then plummeted 8.2% in early trading.

    In the eurozone, Frankfurt's DAX opened 8.1% lower to 10,607.80.

    The Paris CAC40 dived 4.2 percent to 4,921.91.

    Some companies were severely impacted by market volatility this morning caused by a 30% drop in oil prices and the disruption caused by the coronavirus.

    UK energy company Tullow Oil tanked 57% to its lowest level since 2004.

  2. FTSE extends gains

    The UK stock market has extended its gains, with the FTSE 100 now up 2.4% at 6,813.49.

    Other European markets are also showing healthy rises, with the French Cac 40 index and Germany's Dax both up by more than 2%.

    This follows huge gains on Wall Street on Thursday, although Asian markets were not quite so buoyant.

    The rebound follows news that the G7 will be having a conference call later to discuss an action plan to try to combat the coronavirus crisis.

    However, Connor Campbell from Spreadex warned: "The danger, of course, is that if the world’s financial bigwigs fail to announce a coherent, co-ordinated plan of attack – and Reuters is reporting that the draft statement currently being worked on doesn’t call for such action – these gains could unravel double-quick."

  3. Market rebound fading

    After an encouraging start to the day, shares are now starting to lose those early gains.

    London's FTSE 100 index, which had risen about 3% in early trade, is now up by just 0.9%.

    Elsewhere in Europe, France's Cac 40 index is flat while Germany's Dax index is now down 0.4%.

  4. European markets pushed down by viral fears

    markets down

    The blue chip FTSE100 index fell to 7,372.05 tumbling 1.49% on the day as a slight bump the market received from the Bank of England rate decision could not dispel fears over the spread of the coronavirus. .

    The FTSE 250 slid 0.86% into the end of the day at 21,283.55.

    In France, the CAC-40 dropped 1.58% to 5,861.01 while in Germany, the DAX stumbled 1.51% to 13143.16.

    The pound rose against the dollar .7% to 1.3099 from the previous close.

  5. Markets continue to trend lower on virus fears

    traders wear masks

    The FTSE 100 continued to slide on Thursday, with the blue chip index falling 0.94% to 7,413.10 in midday trading as the number of people infected by the coronavirus continued to spread.

    "As the deadly virus continues to spread and the death toll keeps on increasing, the situation is now starting to have a significant impact on analysts’ and economists’ growth forecasts for China, providing unwelcome sentiment for stock traders," said Pierre Veyret, an analyst at ActivTrades.

    The FTSE 250 also trended downward 0.31% at 2,1403.02.

    In France, the CAC-40 traded 1.33% lower at 5,875.93 while in Germany, the DAX dropped 1.06% to 1,3204.20.

  6. European stocks fall on spreading coronavirus

    The FTSE 100 followed Asia stock markets lower on Thursday, with the blue chip index falling 0.78% to 7,425.43 in early trading.

    The death toll from the coronavirus is rising and it has now spread to every Chinese region.

    The FTSE 250 opened 0.46% lower at 21,369.21.

    In France, the CAC-40 dropped 1.33% to 5,875.91 while in Germany, the DAX declined 1.34% to 13,166.42.

  7. Euro stocks follow Wall Street upward

    Wall Street's gains have helped European stock markets to reach higher levels.

    The Dow Jones has so far climbed 267.77 points, or 0.59%.

    The FTSE 100 is now up 0.88%, having added 67.15 to reach 7,479.96.

    The German Dax is up 0.68%, after climbing 90.25 while the French Cac 40 is up 0.83%, or 48.46 points.

  8. Euro shares slump almost 3%

    Shareholder gloom is widespread across Europe with the German Dax has fallen 2.63% to 13,219.96 while the French Cac 40 has slid 2.70% to 5,861.80.

    The Euro-wide Euro Stoxx 50 is down 2.64% at 3,679.37.

  9. Stock markets drop across Europe

    A lone woman at an airport in Changsha

    The FTSE 100 and other European stock indices have fallen around 2% this morning as fears grow of the impact of the coronavirus.

    London's blue chip index has lost 162.31 points, or 2.14%, to fall to 7,425.81.

    The German Dax has dropped 239.49, or 1.76%, to 13,340.97 while the French Cac 40 down 114.93, or 1.94%, at 5,908.51.

  10. Trump China trade remarks knock FTSE 100

    The FTSE 100 is now down 1.24% at 7,194.65.

    The blue chip index was trending lowest this morning but dropped following comments by US President Donald Trump that once again poured cold water on the country agreeing a trade deal with China.

    FTSE 100

    The FTSE 250 is off 0.80% at 20,534.35.

    In Europe, the CAC-40 index is down 0.47% at 5,759.71 but Germany's DAX is ahead 0.43% at 13,020.02.

  11. French and German markets slip

    sacks being lifted in a port, with workers watching

    The Dax index, Germany's main stock market indicator, is down 21 points at 13,267.66 while in France, the CAC is of 8.49 at 5,882.49.

    The markets have not followed the record close in the Dow Jones and S&P on Thursday.

    It seems that caution is setting in about the progress in US-China trade talks.

    "Perhaps we do get the phase one deal and a detente, but when we get into next year there will be big issues that both the US and China have big disagreements on," said James Rossiter, head of global macro strategy at TD Securities.

    "If anything, markets realise that it will take more of a formal process to get things going and make progress."

  12. Why did markets fall so much yesterday?

    BBC Radio 5 Live

    A Wall Street trader

    Wednesday 2 October was a pretty bad one for markets due to fears of a global economic slowdown- the FTSE 100 saw its worst day since January 2016, in Europe the German Dax closed 2.8% lower, France's Cac 40 lost over 2%, and the Dow Jones ended down 1.9%, its second day in a row closing over 1% lower.

    But how did it come about?

    "There was some very weak US economic data the day before which...came in at a multi-year low, and I think the markets thought, 'We've been thinking that the US economy has been pretty robust', and suddenly this was a bit of a wake-up call," Alan Custis, head of UK equities at Lazard Asset Management told BBC Radio 5 Live's Wake Up to Money programme.

    However, things then got even worse, he said.

    "It then led to Donald Trump tweeting about the US Federal Reserve and how they've been wrong again about their interest rate policy, and the Fed talking about how actually we could have another rate cut in October, which again surprised the market, and suggested to them that actually the US economy might be a lot, lot weaker, and that had a ripple effect as it tends to do across other markets," he said.

  13. European stocks trend lower

    The FTSE 100 has extended earlier falls and is now down 0.63% at 7,158.68.

    In France, the CAC-40 index is trading 0.35% lower while in Germany, the DAX is flat.